New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-08-11
MINING STOCK OF DOUBTFUL TALUE.
A BUFFALO FIRM SECURES some LEADvILLE CON-

A BUFFALO FIRM SECURES some "LEADvILLE CON-
soLIDATED"-wHAT is SAID OF 1T IN THIS CITY.
BUFFALO, Aug tSpeeiab.-A suspicious stock sale
has light here. and investigation Is now being
made by persons interested The sale OF tho stock In
question was negotiated In Buffalo. Tho securities
purported to be 1850 shares Of the
Leadylle Consolidated Mining Company. their face
value being $52,500 W. G. DcK sonin-law OF Colonel
Mcdonald, of Toronto recently Charles NJ Dobson,
n reporter and asked him to negotiate the sale OF the
securities. Mr. Dobson went to A. p. Wright Co., who
communicated with New-York parties. An offer of 4s
made and Dobson accepted 1t on instructions
from Dick The latter elegraphed for advance pay
ment the stock and 800 was sent him by MrWright
Meanwhile the stock was sent to NewYork and there
Ii ascertaned that something about the stock
needed explanation and the stock was returned. DoD-
was informed Of facts and long correspondence
with Dick ensued Dick said that Isaac III. Radfori OK
No. 9 Toronto-st, Toronto. was the to whom the
stock had been issued. Mr. Lexow, New York stock
broker IL said had fifty shares transferred TO nun by
secretary Of the eadve Company reported to be in
Toronto, and effort Is being nade to find OFT what ne
Hoated before this but in Buffalo. Mr. Radford is
wealthy Toronto real estate agent who made three
and disappearing at Strawberry Island II believed
he murdered or had committed suicide, but he
turned up alive.
r. g. Lexow banker and broker of No. 906 Third-ave,
said yesterday when shown the dispatch
My connection with this transaction consssd as stated
in y shares transferred 10 and In turn trans
ferred them Radford When discovered tha tey
what thought they Mt Radford Is wealthv
tnow sooa well IN the business Last January
he teegraphed TO know VIII eaivue Stock
quoted / inquired aEt sent him word ina y was
selling Thrreupon he sent me LOU shares
OF tho which fifty shares made out In my name
fifty down to Walst ana tried 10 dispose
Luckily down there discovered that they
Leadv lilo Con sodaed securities which
listed, being quoted and sold on the market he IN
formed said that the stock hal was not ue
livrrsbl- on Mining EXchanGe and theeupon
aud all back 10 Radford, REMEMBERING
had made 10 Since then
have heard nothing OF tho matter: , 80.
cannot could be called forgery for IL
purported $50 shares while the welknown ieau
VILE SlO share IL might DO calculated TO mscad
forgery Ny broker informed me that there han
been several attempts TO dispose OF similar STOCK IN wan
Street. but In snJ instance had II succeeded and then
the purchaser thought he was buying the genuine
Leadyille Consolidated stock.
At the Office OF the Leadvle Consolidated Mining Com
pany In the Washington Building. IL was SAID mat thc
stock which had been bought by the Buffalo urn was
probably stock a calling itself The leailn2
Consolidated Min mpany aud organized unhsr tho
laws State OF Colorado. An Official OF the COM
pany said:
The Is company and the only diner,
IL that IL purpors TO be Organized unner ,e
Colorado while organized under the laws OF the STATE
OF NewYork There have been great many persons VINO
OF the Colorado company mere 10 20
transferred and seemed surprised 10 hear that we were
another entirely some lime ago Secretary CAMERON
Ieadyie inquire into the standing OF the COLORADO COM
many and where its transfer once was
perintenent aud IN the meantime
OF the standnk OF THIS COLORADO com any
Ferie uresidept" and ~ T. Wicker secretary" We don't
know either OF them.